The global textile industry is adopting a survival mentality.
Europe’s largest and most influential textile fairs, including Première Vision, Texworld and Milano Unica, will kick off this month with the specter of worsening global economic conditions looming. Production and exports are down in Italy, France, China, India and Japan, and more pain is expected. As textile executives and trade show organizers prepare to face a smaller pool of buyers with dwindling budgets, the measure of success is now being judged simply by the ability to stay in business.
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